USD coin (USDC)

What is USD Coin?

USDC is a stablecoin released by Coinbase and Circle: its price keeps around $1 and it can be used for fast and convenient cryptocurrency exchange. Also, it enabled cryptocurrency loans, trading, and risk hedging.

USDC is a stablecoin released by Coinbase and Circle: its price keeps around $1 and it can be used for fast and convenient cryptocurrency exchange. Also, it enabled cryptocurrency loans, trading, and risk hedging.

What are the USD Coin advantages?

Availability

USD Coin is listed on many exchange platforms. It appeared first on Poloniex and Coinbase, and now is traded in pairs with various crypto coins

Reliability

As far as USD coin price is always near $1, this is a reliable and convenient instrument for long-term storage and crypto trading

Partners

USD Coin is supported by a few large partners, including Bitmain, Baidu, Goldman Sachs Group, IDG Capital, and other companies

Easy use

Traders can easily exchange USDC for any other cryptocurrency using the platform – navigation is simple & intuitive

It’s legal

Unlike a few other stablecoins, USDC is emitted according to the global financial standards. The company behind it is regulated by USA laws

Insurance

USD Coin holders cannot lose their assets because they are backed up by real financial assets